msnbc article- "Why is the Fed so worried about inflation?"

[nbhadja]

"The simple answer is: the Fed is worried about inflation because that’s the Fed’s job."

More like to cause inflation. I'm scared because I think most people are morons and can't connect the dots that when the Fed prints more money it causes more inflation.

http://www.msnbc.msn.com/id/22733297/

 

[DealzOnWheelz]

the best way I explain inflation is with rare objects such as a davinci painting


If you own a Davinci painting you could sell it for quite a lot of money; but if the government released 1000 duplicate authentic Davinci's your Davinci just dropped like a rock in value

that usually breaks the ice and they either get it and thats it or they end up asking alot more questions

 

[ronpaulblogsdotcom]

Because it is at a 17 year high.

 

[RSLudlum]

the best way I explain inflation is with rare objects such as a davinci painting


If you own a Davinci painting you could sell it for quite a lot of money; but if the government released 1000 duplicate authentic Davinci's your Davinci just dropped like a rock in value

that usually breaks the ice and they either get it and thats it or they end up asking alot more questions

That's a good one. I've used baseball cards and classic cars as analogies quite a few times.

 

[slantedview]

is this a joke?

where's this article:

"Why is the Fed NOT so worried about inflation?"

 

[jon_perez]

One must remember that there are two reasons for price rises: one is the monetarist one which states that the more money there is around, the higher prices tend to go.

However there is also the common sense explanation that when demand for a particular product goes up and supply cannot meet it, prices for that product also rise.

So one has to first figure out whether the rise in oil prices is due to supply/demand or if it can be characterized as true "inflation" in the economic jargon sense. (Could be a bit of both...)

 

[scooter]

One must remember that there are two reasons for price rises: one is the monetarist one which states that the more money there is around, the higher prices tend to go.

However there is also the common sense explanation that when demand for a particular product goes up and supply cannot meet it, prices for that product also rise.

So one has to first figure out whether the rise in oil prices is due to supply/demand or if it can be characterized as true "inflation" in the economic jargon sense. (Could be a bit of both...)

It's a bit of both in this case, but a lot of it has been inflation.

People can't make the excuse that oil is just going up because of declining supply, because the oil rise has been pretty much even with the rise in the rest of the commodities.

The prices for nearly every commodity-based good has gone up right now. That signifies massive inflation.

 

[querty]

One must remember that there are two reasons for price rises: one is the monetarist one which states that the more money there is around, the higher prices tend to go.

However there is also the common sense explanation that when demand for a particular product goes up and supply cannot meet it, prices for that product also rise.

So one has to first figure out whether the rise in oil prices is due to supply/demand or if it can be characterized as true "inflation" in the economic jargon sense. (Could be a bit of both...)

http://www.ron-paul.us/temp/greenbacks_fall.jpg

100% inflation.

 

[Paul.Bearer.of.Injustice]

Inflation is the only way out of our National Debt.

See ya.

 

[scooter]

http://www.ron-paul.us/temp/greenbacks_fall.jpg

100% inflation.

Gold is still just a commodity and does not follow inflation directly. However, the fact that gold/oil is even does reflect that it has been mostly inflation.

All commodities are rising from this inflationary environment.

 

[jclay2]

Yeah, it is pretty hilarious that they are so worried about inflation considering that they are the sole responsibility of it.